NOT LISTED FOR SALE

Estimated Value: $93,000 - $129,000

4 Beds
2 Baths
2,112 Sq Ft
$53/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $22,000 $10 Per Sq Ft

Est. 412% increase in value since last sale

Current estimated payment $652/month

30 Days on Market

Highlights

  • Covered Patio or Porch
  • Forced Air Heating System
  • Historic Home
  • Cass Technical High School Rated 10
  • High Speed Internet

About This Home

As of March 2020

***INVESTOR ALERT*** This brick DUPLEX needs your finishing touches to turn it into a cash-flowing powerhouse! Significant updates have already been completed on the property, including a 3D shingle roof, some new vinyl windows, glass block basements windows, updated electrical panels, and PEX plumbing! The property also has hardwood floors throughout most of the property. This property is near the Russell Woods/Nardin Park Strategic Neighborhood Fund area, and there is a significant amount of development and redevelopment going on in the immediately surrounding areas.

Last Agent to Sell the Property

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 02/05/2020

RE/MAX Leading Edge

Last Buyer's Agent

Ryan Kain

RE/MAX Leading Edge License #6501401697 Listed on: 02/05/2020

RE/MAX Leading Edge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 34.00x111.00
  • Historic Home

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,112 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W16I031679S

Community Details

Overview

  • 2 Units
  • Holden Jas S Co Cloverlaw N Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex, Historic
  • Architecture Level: 2 Story
  • Year Built: 1925
  • State Equalized Value: 9900.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2112
  • Total Sq Ft: 2112
  • Sq Ft Total Bsmt: 1000

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 34
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 305555.5556
  • Lot Size Area: 0.09
  • Lot Dimensions: 34.00X111.00
  • Parcel Number: W16I031679S
  • Zone Conform: Yes
  • Zoning: Residential

Tax Info

  • Tax Amount Summer: 657.0000
  • Tax Amount Winter: 38.0000
  • Total Tax: 695.0000
  • Taxable Value: 4007.0000

Multi Family

  • Number Of Units Total: 2
  • Unit Count: 1
  • Number of Two Bedroom Units: 2

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2018
Sold by
Schneider David Joseph
Bought by
Treffers Investments Llc
Current Estimated Value
$112,748

Purchase Details

Closed on
Apr 4, 2015
Sold by
Scott Lark Llc
Bought by
Schneider David Joseph

Purchase Details

Closed on
Apr 4, 2014
Sold by
Scott Lark Llc
Bought by
Schneider David Joseph

Purchase Details

Listed on
Sep 20, 2012
Closed on
Dec 7, 2012
Sold by
Eastern European Solution 1 Inc
Bought by
Scott Lark Llc
Seller's Agent
David Young
Young Real Estate & Investment
Buyer's Agent
Scott Lark
RE/MAX Nexus
List Price
$19,000
Sold Price
$15,000
Premium/Discount to List
-$4,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Privatestar Llc
Bought by
Eastern European Solution I Inc

Purchase Details

Closed on
Dec 19, 2008
Sold by
Northern Alpine Investments Llc
Bought by
Privatestar Llc

Purchase Details

Closed on
Jul 5, 2006
Sold by
Bashi Ginny
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Jun 1, 2005
Sold by
Stollman Management Co Llc
Bought by
Bashi Ginny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
The Revocable Living Trust Of Bernice Wr
Bought by
Stollman Management Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.99%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Treffers Investments Llc $14,000 M S Title Agency Llc
Schneider David Joseph $20,000 Embassy Title Agency
Schneider David Joseph -- None Available
Scott Lark Llc -- None Available
Eastern European Solution I Inc $2,000 None Available
Privatestar Llc -- None Available
Jp Morgan Chase Bank $44,000 None Available
Bashi Ginny $80,000 Great Lakes Title Of Mi
Stollman Management Co Llc $25,000 Great Lakes Title Of Mi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stollman Management Co Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $22,000 -20.0% $10 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $27,500 +83.3% $13 / Sq Ft
12/16/2012 12/16/12 Sold $15,000 -21.1% $7 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $19,000 -- $9 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $455 $25,400 $0 $0
2024 $455 $19,300 $0 $0
2023 $686 $16,100 $0 $0
2022 $714 $13,100 $0 $0
2021 $701 $11,200 $0 $0
2020 $701 $10,300 $0 $0
2019 $695 $9,900 $0 $0
2018 $641 $9,700 $0 $0
2017 $73 $10,000 $0 $0
2016 $678 $33,400 $0 $0
2015 $450 $4,500 $0 $0
2013 $562 $5,623 $0 $0
2010 -- $8,056 $720 $7,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200009261

Realcomp

APN: 16-031679